SEC Seeks Temporary Restraining Order to Freeze Binance.US Assets

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SEC Seeks Temporary Restraining Order to Freeze Binance.US Assets
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“The SEC respectfully submits that this relief is necessary on an expedited basis to ensure the safety of customer assets and prevent the dissipation of available assets for any judgment, given the Defendants’ years of violative conduct, disregard of the laws of the United States, evasion of regulatory oversight, and open questions about various financial transfers and the custody and control of Customer Assets – including by Defendants who claim they are not subject to the Court’s jurisdiction – as described in the Complaint, Memorandum of Law, and supporting materials,” an SEC filing said.



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